2103 Iuka Avenue new Save Request In-Person Tour Request Virtual Tour
Columbus,OH 43201
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225031758
Year Built 1970
Annual Tax Amount $32,080
Lot Size 8,712 Sqft
Property Sub-Type Apartment
Property Description
Strategically located on Iuka Avenue—one of the most sought-after residential corridors adjacent to The Ohio State University, this property benefits from strong, consistent demand from both student housing and short-term rental markets. Current in-place rents are well below market, creating a compelling value-add opportunity through targeted unit renovations and lease repositioning. The asset has been well-maintained, with value creation focused primarily on cosmetic and operational enhancements. With one down unit in need of a full update. Select units are already configured for Airbnb, providing immediate short-term rental income potential and flexibility in leasing strategy. In addition, on-site garage structures offer the opportunity for supplemental rental or storage income, further enhancing overall cash flow. This is a rare chance to acquire a well-located property with multiple avenues for upside, strong fundamentals, and proven demand drivers.
Location
State OH
County Franklin
Area 0.2
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.